Indonesia could host up to 1.2GW of solar PV that would export electricity to Singapore as part of new proposals put forward by a coalition of four international companies.
A consortium led by Sunseap Group has signed a memorandum of understanding to develop 7GWp of PV projects at an Indonesian archipelago that will transmit energy to Singapore via a proposed subsea cable.
The investment required to upgrade and expand transmission infrastructure across the world will be a key challenge as more renewables come online, consultancy EY has warned.
Construction work on a 145MWac floating solar project in Indonesia has started after the joint venture (JV) behind the installation reached financial close.
Singapore-based solar developer Sunseap Group has secured a contract to build what it says will be the world’s largest floating PV project on the Indonesian island of Batam.
Solar PV capacity in Asia Pacific could triple to 1,500GW by 2030, with China driving deployment and Indonesia set to be the region’s fastest-growing market, according to Wood Mackenzie.
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
Indian solar firm Fourth Partner Energy has created a joint venture (JV) with coal producer Indika Energy to develop commercial and industrial (C&I) PV projects in Indonesia.
Abu Dhabi-based renewables company Masdar has a “significant ambition” to expand its clean energy portfolio in Southeast Asia, a company executive has told PV Tech.
